The accounts of Consolidated Can contain the following amounts at December 31, 2012: Cost of products sold $410,000 Dividends 3,000 Extraordinary gain (net of tax) 1,000 Income taxes 9, 300 Interest expense 8, 700 Other income 1, 600 Retained earnings, 1/1 270,000 Sales 480,000 Selling and administrative expense 42,000 Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2012